CoreWeave, an AI cloud-computing firm, has seen its unsecured bonds due in 2032 drop below 80 cents on the dollar. Yields have surged above 15%, a level indicative of financial distress. The company reports a $104 billion revenue backlog as of June 2026, yet its financial stability is under intense scrutiny. This bond selloff is raising concerns that lenders are demanding higher compensation for credit risk, potentially affecting other tech firms relying on debt for expansion.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
